Hedge Funds
On The Persistence Of Selectivity And Market Timing Skills In Hedge Funds
... In this paper we have used three techniques (contingence table, chi-square and the cross-sectional regression) to assess the persistence in performance of hedge funds during the period between January 1995 ...
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An Excursion into the Statistical Properties of Hedge Funds
... study hedge fund indices than individual hedge funds, this does not mean that individual hedge fund returns are not worth looking ...individual hedge funds and 103 funds ...
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Hedge Fund Regulation: A Proposal to Maintain Hedge Funds' Effectiveness Without SEC Regulation
... with hedge funds, it will be more difficult for hedge funds to acquire dangerous levels of leveraged capital; second, implementing internal and external controls is a safeguard that puts the ...
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Performance analysis of South African hedge funds
... Carhart’s (1997) four-factor model is an extension of the Fama and French (1993) three- factor model. It added another variable called momentum effect, which is define by Grinblatt, Titman and Wermers (1995), as buying ...
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Are Hedge Funds Domiciled in Delaware Different?
... U.S hedge funds find Delaware an efficient, transparent, low-cost operational environment as there are inexpensive and simple formation ...as funds and their general managers are not required to file ...
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Dynamic Risk Exposure in Hedge Funds
... to hedge funds that draw upon multiple themes, including risk arbi- trage, distressed securities, and occasionally others such as investments in micro and small capitalization public companies that are ...
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Dynamic Risk Exposure in Hedge Funds
... modeling hedge fund risk exposures is fundamental for both hedge fund investors and ...for hedge funds, and currently there is a discussion of a potential role of regulators to diminish the ...
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Hedge funds: a central bank perspective.
... the hedge fund industry, public authorities should be guided by the objective of not impeding the dynamic transformation process in the fi nancial system and the associated innovation thrust to make sure that the ...
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Liquidity timing skills for hedge funds
... (2010), hedge funds’ risks are complex because hedge funds could hold a range of assets that are located in different markets, such as the equity market, the fixed income market, the foreign ...
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Hedge funds: what are the main issues?
... in hedge funds, especially for complex or illiquid fi nancial ...instruments. Hedge funds frequently invest in assets that are complex or illiquid by nature or in more liquid assets but in such ...
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Time varying liquidity and profitability of hedge funds
... on hedge funds in consecutive months ...in hedge fund returns, and show that market inefficiencies, time-varying expected returns, time-varying leverage, and incentive fees with high water marks can ...
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Can Hedge Funds Time Market Liquidity?
... of funds at different levels of estimated liquidity-timing ...individual funds into 10 portfolios based on their liquidity-timing coefficients estimated from the previous 36 ...of hedge fund ...
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Do Hedge Funds Manipulate Stock Prices?
... which hedge fund ownership is lagged by two ...high hedge fund ownership, however the magnitude of the price swings is smaller than in Table ...of hedge funds may have changed ...
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Phase-Locking and Switching Volatility in Hedge Funds
... of hedge funds indexes to different regimes that characterize market risk ...mutual funds, Tiwari (2006) found 341 basis points per month utility loss from ignoring regime switching for an investor ...
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Do Hedge Funds Manipulate Stock Prices?
... manage hedge-fund-like operations alongside other investment management services, we need to apply a number of filters to the data to ensure that, for the institutions captured in our sample, their main line of ...
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The Performance of Hedge Funds: Risk, Return, and Incentives
... These hedge fund conclusions warrant several ...evaluate hedge funds, and many findings in finance have been sensitive to the time period ...by hedge funds make it difficult to classify ...
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A test of market timing skills in hedge funds
... Tremont hedge fund index and hedge funds research ...liquidated funds in their index calculations. The Credit Suisse Hedge Fund Index is compiled by Credit Suisse Hedge Index ...
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Detecting Switching Strategies in Equity Hedge Funds
... equity hedge funds as well as their switching times by using Markov switching ...explain hedge fund returns is a fruitful area for further ...equity funds have switching strategies in place? ...
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Hedge Funds & the Cloud: The Pros, Cons and Considerations
... resiliency. In the private cloud category, there are two flavors – on-premise and externally hosted. An on-premise private cloud is generally known as an “internal cloud” that is hosted within an organization’s own data ...
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